Bellingham City Low-Income Housing Levy Proposition (November 2012)
If approved, this proposition authorizes the City of Bellingham to increase the City's regular property tax by up to $0.12/$1,000 from a rate of $2.50/$1,000 to $2.62/$1,000 of assessed valuation for seven years and to levy an additional property tax of $0.24/$1,000 of assessed valuation for seven years. The revenue from these axes $3,000,000 per year and would be used for funding housing and housing services for people with low incomes and disabilities.
|Bellingham City Levy Prop.|
Election results from Whatcom County, Current Election Results.
Text of measure
Language on the ballot:
|“|| The City of Bellingham Council adopted Ordinance No. 2012-06-033 concerning property taxes for low-income housing assistance. This proposition would fund housing and housing services for people with low or very low incomes, including those with disabilities, veterans, seniors, and families with children by (a) authorizing an increase in the City’s regular property tax levy by up to $0.12/$1,000 to $2.62/$1,000 of assessed value as allowed by RCW 84.55; and (b) authorizing a regular property tax levy of up to $0.24/$1,000 of assessed value under RCW 84.52.105, each for seven years, generating approximately $3,000,000 annually.
Should this proposition be approved? YES _____ NO _____